Commercial Property
Can data centres prop up Hong Kong's slowing industrial sector?
Can data centres prop up Hong Kong's slowing industrial sector?
Undaunted by trade jitters, operators are actively expanding in Tseung Kwan O.
Office vacancy rates let up to 4.2% in December
Vacancies in Central rose to 1.8% from 1.5% in November.
Higher Central office supply looms as Chinese tenants pull out
Occupiers in the financial sector have also been exiting.
Tung Chung set to rise amidst intensified Lantau infrastructure drive
New extensions will boost its population to over 268,000.
Commercial investment market spirals downward as office and prime street shops take heavy hit
Office rents will slow to 2-4% growth in 2019 from 8-10% expansion in the previous year.
2.5 million sqft of retail space to be completed in 2019
Healthcare and cosmetics firms will drive leasing growth.
Grade A office rents may drop 5% in 2019
Capital controls and RMB depreciations will continue to hamper growth.
Hang Seng Bank unveiled new digital floor at head office
It aims to encourage collaboration amongst its 2,400 employees with communal areas and flexible workstations.
Grade A office rents end 29-month uptrend after dipping 0.2% in November
Mainland firms retreated from the market.
Grade A office capital values may drop 10% in 2019
Central and Kowloon East are forecasted to post the slowest growth.
Emperor International sells Inn Hotel Hong Kong at $1.1b
The proceeds will be used for the firm's business development.
Central is still the world's priciest prime office market in Q3
Occupancy costs are at $2,641 (US$338) psf.
Here's why Wanchai offers a reprieve from Hong Kong's crowded CBD
The sub-district offers larger office spaces, affordable rent and good business amenities.
Real estate investment volumes dropped 25% in Q3
Investors are feeling the heat from rising interest rates and escalating trade tensions.
Grade A office rental growth softened to 0.5% in October
Weak stock market performance and escalating trade tensions weighed on investment volume.
Lantau reclamation plan brings reprieve to pressured office sector
A third CBD will be created to relieve Central and Kowloon East.
Hong Kong Island's pricey office rents push cash-short tenants to Kowloon
Kowloon saw over 100 new leasing transactions in September.